Advantage Energy (TSE:AAV) Raised to “Outperform” at National Bank Financial

Advantage Energy (TSE:AAV) (NYSE:AAV) was upgraded by National Bank Financial from a “sector perform” rating to an “outperform” rating in a research report issued on Friday,BayStreet.CA reports. The firm currently has a C$15.00 price objective on the stock, up from their prior price objective of C$14.00. National Bank Financial’s price objective would suggest a potential upside of 39.15% from the stock’s previous close.

Several other equities analysts have also recently commented on AAV. Royal Bank Of Canada boosted their target price on shares of Advantage Energy from C$12.00 to C$14.00 and gave the company a “sector perform” rating in a research report on Thursday, December 11th. ATB Cormark Capital Markets cut Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and lowered their target price for the stock from C$15.00 to C$14.00 in a report on Friday. Raymond James Financial raised Advantage Energy from a “hold” rating to a “moderate buy” rating and upped their price objective for the company from C$13.00 to C$15.00 in a research note on Tuesday, December 9th. Desjardins lifted their target price on shares of Advantage Energy from C$14.50 to C$15.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, Natl Bk Canada cut shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$14.14.

Advantage Energy Stock Down 5.5%

Advantage Energy stock opened at C$10.78 on Friday. The company has a 50 day moving average of C$11.36 and a 200-day moving average of C$11.43. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 41.40. The stock has a market capitalization of C$1.80 billion, a PE ratio of 30.80, a price-to-earnings-growth ratio of -3.58 and a beta of -0.04. Advantage Energy has a twelve month low of C$7.81 and a twelve month high of C$13.20.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings data on Tuesday, October 28th. The company reported C$0.00 earnings per share (EPS) for the quarter. Advantage Energy had a return on equity of 2.87% and a net margin of 8.98%.The company had revenue of C$137.96 million for the quarter. On average, equities research analysts anticipate that Advantage Energy will post 1.4701493 EPS for the current fiscal year.

Advantage Energy Company Profile

Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.